Question

define physical capital in economics

Answer 1

In economics, physical capital or just capital is a factor of production (or input into the process of production), consisting of machinery, buildings, computers, and the like. ... In economic theory, physical capital is one of the three primary factors of production, also known as inputs in the production function.

Answer 2

physical capital is an amount which is used in production and it is not fixed. it can also be referred as working capital